You are here

Philip Morris Int'l CEO Camilleri to step down - 0 Comments

RICHMOND, Va. — Philip Morris International Inc. said Wednesday that CEO Louis C. Camilleri will step down and be replaced by the man who led it before it became an independent company.

The seller of Marlboro and other cigarette brands overseas said its current chief operating officer, Andre Calantzopoulos, will become CEO immediately after the company's annual shareholder meeting May 8. He also was nominated for election to the board. Camilleri will remain in his current job of chairman, the company said.